HS Icon Amino-resins

3909 (Harmonized System 1992 for 4-digit)

World Trade (2018): $19B, Rnk 193 / 1225

Top Exporter (2018): $3.22B, Germany

Top Importer (2018): $1.6B, China

Product Complexity (2018): 1.25, Rnk 92 / 1018

Export Growth (CAGR)(2017 - 2018): 15.2%, Rnk 509 / 1225

Mean Tariff (2018): 5.49%, Rnk 753 / 1259

Share of World Trade (2018): 0.1%, Rnk 193 / 1225

Overview:  This page contains the latest trade data of Amino-resins. In 2018, Amino-resins were the world's 193rd most traded product, with a total trade of $19B. Between 2017 and 2018 the exports of Amino-resins grew by 15.2%, from  $16.5B to $19B. Trade in Amino-resins represent 0.1% of total world trade.

Exports: In 2018 the top exporters of Amino-resins  were Germany ($3.22B), China ($2.22B), Belgium-Luxembourg ($1.73B), United States ($1.69B), and Netherlands ($1.32B).

Imports: In 2018 the top importers of Amino-resins were China ($1.6B), Germany ($1.43B), United States ($1.04B), Netherlands ($869M), and Italy ($818M).

Tariffs: In 2018 the average tariff for Amino-resins was 5.49%, making it the 753rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Amino-resins are Bahamas (33%), Bermuda (25%), Pakistan (17.5%), Maldives (17.2%), and Romania (14.7%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Amino-resins ranks 92nd in the Product Complexity Index (PCI).

Description: Amino-resins are typically used in the production of adhesives, as they are soluble in water. Phenolic resins are used in the production of paints and varnishes, as they are fire resistant. Polyurethanes are used in the production of flexible materials, like foams and sponges.

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $3.22B

Top Destination (2018): China, $1.6B

Amino-resins are the world's 193rd most traded product.

In 2018, the top exporters of Amino-resins were Germany ($3.22B), China ($2.22B), Belgium-Luxembourg ($1.73B), United States ($1.69B), and Netherlands ($1.32B).

In 2018, the top importers of Amino-resins were China ($1.6B), Germany ($1.43B), United States ($1.04B), Netherlands ($869M), and Italy ($818M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $456M

Top Destination Growth (2017 - 2018): Canada, $232M

Between 2017 and 2018, the exports of Amino-resins grew the fastest in Saudi Arabia ($456M), China ($407M), Belgium-Luxembourg ($356M), United States ($309M), and South Korea ($150M).

Between 2017 and 2018, the fastest growing importers of Amino-resins were Canada ($232M), Germany ($219M), Vietnam ($207M), Netherlands ($170M), and India ($158M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Amino-resins.

In 2018,  market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Amino-resins are explained by 20 countries.

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TOP NET EXPORTER (2018): Germany, $1.79B

TOP NET IMPORTER (2018): India, $577M

This map shows which countries export or import more of Amino-resins. Each country is colored based on the difference in exports and imports of Amino-resins during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Amino-resins were Germany ($1.79B), Belgium-Luxembourg ($1.21B), Japan ($733M), South Korea ($698M), and United States ($642M).

In 2018, the countries that had a largest trade value in imports than in exports of Amino-resins were India ($577M), Vietnam ($550M), Canada ($519M), Mexico ($470M), and France ($422M).

Disaggregation

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Value

In 2018, the world most traded Amino-resins, disaggragated by their HS6 level were Amino-resins nes, in primary forms ($7.56B), Polyurethanes in primary forms ($7.51B), Phenolic resins, in primary forms ($2.16B), Urea resins, thiourea resins, in primary... ($1.1B), and Melamine resins, in primary forms ($693M)

Import Tariffs

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In 2018, the average tariff for importing Amino-resins was 5.49%.  The countries with the highest tariffs for importing Amino-resins were Bahamas (33%), Bermuda (25%), Pakistan (17.5%), Maldives (17.2%), and Romania (14.7%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.